While individuals shelter-in-place, states discuss reopening plans, and the government mulls over the future of the economy. Retail as we know it is experiencing a seismic shift. According to WalletHub’s Coronavirus Shopping Survey, American consumers are shopping more often than was expected during the pandemic, using “comfort buying” as a way to ease stress. While most consumers are spending more on essential goods, 60% of consumers aged 30-44 (millennials) are more likely to participate in online retail therapy, with entertainment and alcohol topping must-have lists.
Retail Pivots in Wake of Pandemic
National Director, Retail Services & Practice Groups
AREA OF EXPERTISE
In Anjee’s current role, as National Retail Director for the USA, she has developed strong relationships and strategic leadership to over 500 + retail professional nationally across 140 markets within Colliers for Investment Sales, Agency, Retailer Rep, and Retail Asset & Property Management.
Anjee Solanki brings 30 years of focused retail real estate experience to Colliers International. She provides strategic retail advisory services to enhance value for her clients with her expertise in lifestyle, community, power center, neighborhood, mixed-use retail/residential, and resort retail.
She has developed and manages strong working relationships with institutional and private clients such as State of Florida, State of Michigan, Heitman, Invesco, Grosvenor Americas, American Realty Advisors, TH Realty, PNC, and Zurich to name a few.
Her strategy identifies current market and property inefficiencies to capture untapped value through asset repositioning, releasing, redevelopment, rehabilitation, proactive management, and enhanced marketing.
Creative problem-solving is her specialty, and she becomes a key stakeholder with national and international retailers, such as JPMC, Opry City Stage/Ole Red and Tim Hortons, and many others. Her highly focused approach reduces the risk profile and provides clients with a thoughtful approach executing strategic multi-year planning initiatives.
Previously, Anjee served as Executive Vice President, Retail Services for Madison Marquette. She successfully assisted with repositioning community centers to lifestyle projects and identified opportunities to create value, resulting in higher returns for her clients. She also provided strategic analysis on complex redevelopment projects to address both the asset’s financial stabilization and/or the client’s exit strategy
Anjee continues to be an insatiable collector of all things retail. She’s a student of culture living next door to future shoppers, whose fleeting trends constantly change the retail landscape … driving retailers, landlords and developers crazy! Read her Blog at: https://knowledge-leader.colliers.com/author/anjee-solanki
Anjee is originally from Southern California and currently resides in San Francisco. She is active in the Rincon Hill neighborhood residential improvement group, which participates in the public review of the highly anticipated Salesforce Transit Center in San Francisco.